NewStats: 3,262,619 , 8,177,700 topics. Date: Tuesday, 03 June 2025 at 04:15 AM 6u3u2h

Maxymilliano:
For a crime and recovery of such magnitude, this Press Release by the EFCC does not make any meaning without the name of the criminal perpetrator.

Don't mind them, we are not serious with this fighting corruption thing. Name the bastard or are they scared.

If it's Yahoo boys with chicken change, they will plaster their name and pictures all over the place.

The sooner you know that both the Looter and the Lootee are criminal the better

[quote author=iLoveYouToo post=133135737]One person’s loot o. 😮


I suspect say na Goddy do this thing

You are right bro!

Omo, Emefiele no get joy ooo

Oga, where are the ones they have been recovering since? What happens to those exhibits like laptops & phones they always claim to have recovered from online fraudsters?? How about the obscene amount of jewelry & funds recovered from Deziani, the economy surely should have recovered long ago if it had really been channeled back into the nation’s coffers. No point in celebrating wealth redistribution if the others recovered are still uned for.

If EFCC can't mention the name of the government official then they should shut da fvck up.

Maxymilliano:
For a crime and recovery of such magnitude, this Press Release by the EFCC does not make any meaning without the name of the criminal perpetrator.

emefiele

shiwex:
And who is this person, why is the person not in Jail,

in jail standing trial. Search no further, it’s emefielr

Maxymilliano:
For a crime and recovery of such magnitude, this Press Release by the EFCC does not make any meaning without the name of the criminal perpetrator.

Why are the protecting him?

He should be named and shamed

NwaNimo1:
EFCC announces biggest asset recovery as govt official forfeits estate with 753 duplexes


https://dailypost.ng/2024/12/02/efcc-announces-biggest-asset-recovery-as-govt-official-forfeits-estate-with-753-duplexes/

And one FOOL in the governent said Nigeria is not rich as we thought.

This is how they end up encouranging our politiciains to steal our money and use it to develop other countries.

NwaNimo1:
EFCC announces biggest asset recovery as govt official forfeits estate with 753 duplexes

The Economic and Financial Crimes Commission, EFCC, on Monday announced the single largest asset recovery since its inception in 2003.

The development followed a ruling by Justice Jude Onwuegbuzie of the Federal Capital Territory High Court on the final forfeiture of an Abuja estate measuring 150,500 square metres and containing 753 units of duplexes and other apartments.

According to the EFCC, the estate, located on Plot 109 Cadastral Zone C09, Lokogoma District, Abuja, belonged to a government official.

“The forfeiture of the property to the federal government by a former top brass of the government was pursuant to EFCC’s mandate and policy directive of ensuring that the corrupt and fraudulent do not enjoy the proceeds of their unlawful activities,” the statement added.

The EFCC said it relied on Section 17 of the Advance Fee Fraud And Other Fraud Related Offences Act No 14, 2006 and Section 44 (2) B of the Constitution of the 199 Constitution of the Federal Republic of Nigeria to push its case.

Ruling on the Commission’s application for the final forfeiture of the property, Justice Onwuegbuzie held that the respondent have not shown cause as to why he should not lose the property, “which has been reasonably suspected to have been acquired with proceeds of unlawful activities”.

“The property is hereby finally forfeited to the Federal Government,” the judge declared, according to the statement.

The statement added, “The road to the final forfeiture of the property was paved by an interim forfeiture order, secured before the same Judge on November 1, 2024.

“The government official which fraudulently built the estate is being investigated by the EFCC. The forfeiture of the asset is an important modality of depriving the suspect of the proceeds of the crime.

“The justification for the forfeiture is derived from Part 2, Section 7 of the EFCC Establishment Act, which stipulates that the EFCC “has power to cause investigations to be conducted as to whether any person, corporate body or organization has committed any offence under this Act or other law relating to economic and financial crimes and cause investigations to be conducted into the properties of any person if it appears to the Commission that the person’s lifestyle and extent of the properties are not justified by his source of income.”

The statement added that EFCC chairman, Ola Olukoyede, has repeatedly described asset recovery as pivotal in the fight against corruption, describing it as a major disincentive against the corrupt and the fraudulent.

Addressing of the House of Representatives Committee on Anti-corruption recently, he said, “If you understand the intricacies involved in financial crimes investigation and prosecution you will discover that to recover one billion naira is war.

“So, I told my people that the moment we start investigation we must also start asset tracing because asset recovery is pivotal in the anti-corruption fight; and one of the potent instruments that you can deploy as an anti-corruption agency for an effective fight is asset tracing and recovery.

“If you allow the corrupt or those that you are investigating to have access to the proceeds of their crime, they will fight you with it. So one of the ways to weaken them is to deprive them of the proceeds of their crime.”
https://dailypost.ng/2024/12/02/efcc-announces-biggest-asset-recovery-as-govt-official-forfeits-estate-with-753-duplexes/

No name, no pictures.

Funny people

Antoeni:
High Profile Stealing Without An Atom of Conscience, Tinubu Government is The Most Corrupt Government in History

The property belongs to your brother Emefiele

Gimme the Loot

Sammy101111:
I saw the video it so disappointing that property worth 500billion naira do your calculations
753 buildings with land

Is one duplex 800m in Abuja ☹️

800m will buy more than a Duplex in US

shiwex:
And who is this person, why is the person not in Jail,

It's either Emefiele or one of his cronies.

Antoeni:
High Profile Stealing Without An Atom of Conscience, Tinubu Government is The Most Corrupt Government in History

Mumu. So it was stolen when Tinubu came? Mumu.

Selective persecution. Dasuke who didn't steal half of this they publish his name and even all of his family. They even paid foreign newspaper to blackmail them. This EFCC is a joke.

More than 60% of the estates you see in Abuja are proceeds of stolen public funds being laundered. This is just one of them. Nigeria is cesspool of corruption. It should bother everyone alive in Nigeria how one person has the opportunity of stealing billions upon billions of our collective revenue to build such number of properties and nobody found out until he left office and got into trouble with EFCC. How does government allow people have uncontrolled access to public coffers and divert moneys without anyone checking or noticing immediately.

fitinwell:
Just one Man...?

True picture of a greedy african persons...

This kind of looting can only come from Oil theft, oil bunkery, .. oil and gas..

A staff of NNPCL....

CBN top staffs too.

eldoradoxx:
More than 60% of the estates you see in Abuja are proceeds of stolen public funds being laundered. This is just one of them. Nigeria is cesspool of corruption. It should bother everyone alive in Nigeria how one person has the opportunity of stealing billions upon billions of our collective revenue to build such number of properties and nobody found out until he left office and got into trouble with EFCC. How does government allow people have uncontrolled access to public coffers and divert moneys without anyone checking or noticing immediately.

Is so painful...this Country needs revolution.
The Govt are not ready to move the Country forward.

re_enplicate the presidential state endorsement,
@iampebby_ #replicate

Throwback:


Kudos to the EFCC.

Very true.. Such a huge recovery

iLoveYouToo:
One person’s loot o. 😮


I suspect say na Goddy do this thing

You seem to be right going by the claims made by Sahara Reporters.

lonelydora:
Why can't they mention the person's name? Thieves shielding thieves from public.

That's how one FIRS official has 15 duplexes in an estate (name withheld) in Lagos.

When we are serious, this country will work

Petition the EFCC with these if you are sure about this information, and please do it discreetly.

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The recent announcement by the Economic and Financial Crimes Commission (EFCC) regarding the final forfeiture of an estate containing 753 duplexes is a significant milestone in the fight against corruption in Nigeria. This asset recovery is the largest in the EFCC’s history since its establishment in 2003, underscoring the Commission's commitment to tackling economic and financial crimes.

The estate, seized from a former top government official, serves as a strong message that the illicit accumulation of wealth through fraudulent means will not go unpunished. The court's ruling, which declared the property forfeited to the federal government, highlights the importance of upholding the rule of law and ensuring that those who engage in corrupt practices do not get to enjoy the proceeds of their crimes.

EFCC Chairman, Ola Olukoyede, rightly pointed out that asset recovery is a critical element of the anti-corruption effort. Depriving corrupt individuals of their illicit gains not only weakens their ability to resist prosecution but also serves as a deterrent to others who may be tempted to engage in similar activities. Asset tracing and recovery are essential tools in dismantling the financial power of criminals, ensuring that they cannot use their ill-gotten wealth to perpetuate their illegal activities.

This development also reinforces the notion that the fight against corruption is ongoing and relentless. It sends a clear signal to both the public and potential wrongdoers that the EFCC is committed to rooting out corruption at all levels of government. The forfeiture of this estate is a positive step forward, and it is a reminder that no one, regardless of their position or status, is above the law.

When will they also seize properties belonging to tinibu who is acclaimed to be the largest land owner in nigeria? Yeye oloriburuku efcc.

Swagt101:
Damn

What's more surprising is the so called EFCC keeping the person anonymous. What a shitty corntree we have here

While not wasting any time in exposing yahoo boys who scam foreigners of few thousands of dollars.

This is massive.

So you guys are hidden the name of the Government official that steal money
what is the essence of hiding his name and identity ?